While most BRRRR literature talks about pulling all the money our with refinancing, I haven't been able to accomplish that in my area given the high prices and competition.

Don't get mad when your competition is getting a deal because you can't deal with someone telling you to F-off.   

Hi @Wes Eaves, it's pretty competitive but totally worth it! 

However, it’s very quick/easy and you only have to do it one time as opposed to annually.)You get essentially the same reports with these companies, so really it just comes down to who is more competitive on price.

Travel nurses I think have a competitive advantage in real estate at a distance because they are use to problem solving at a distance, are compensated well and you live in an area long enough to know what the good and bad is.

.-- Market analysis to determine rents (when units churn and also renewals), security deposit and last month rent requirements-- Work with leasing agent/s to suggest rent changes, incentives/ promotions to enable units to be competitive (if there is too much supply)-- Review each and every maintenance work order and shop around for contractors / service providers if necessary.

My market in Hampton Roads is competitive too, but it’s all relative!  

I have a competitive advantage in south east Florida, as I have a lot of family there.

It seems the NYC real estate landscape is heavily regulated so flipping and assigning contracts (especially in such a competitive and well-priced market) would be an uphill battle...

Getting it under market value would be a bonus.So, would using an FHA 203k renovation loan, which would allow me to buy something unqualified for a standard mortgage, which would weed out a lot of competition and push the price lower.